June 8, 1978

HR Subcom on Communications issues bill that would reduce FCC powers and make telecommunications free-market rather than regulated indus; measure would also allow AT&T to search broadly for new businesses; proposal would allow stations to broadcast programs without regulatory interference; station owners would get indefinite use of licenses exempt from challenges; telecommunications cos would set rates through competition rather than Govt rate-setting; Reprs Lionel Van Deerlin and Lou Frey contend less Govt interference would result in improved technology, lower operating costs and better service to public; Rev Dr Everett Parker assails bill; others commenting on bill include AT&T bd vice chmn William M Ellinghaus, Ind Telephone Assn pres J Philip Bigley, Natl Cable TV Assn pres Robert L Schmidt and broadcasters assn pres Vincent T Wasilewski (M)

article on IC Indus (M)

Fed jury, Hartford, Conn, returns verdicts on 4 points in antitrust suit brought by SCM Corp against Xerox; net effect is to uphold crucial point made by SCM in defining mkt that will be relevant in considering basic monopolization issues in case; verdicts reject SCM's attempt to broaden time span under consideration; 4 points relates to SCM's ltd definition of copier mkt as it pertains to what Judge Jon O Newman has defined as 'machines suitable for use in offices to make copies of document'; other verdicts noted (M)

Article on preponderance of books by and about Carter family sold in Plains, Ga; Lillian Carter comments; her illus (M)

Efforts by Citibank, Chem Bank, Chase Manhattan and other NY banks to expand and make profitable retail banking business detailed; possible impact of Citibank's heavy investment in automated teller machines noted; graph compares bank activities (M)